Your Old Video Tapes Could Be Worth Big Bucks

Don't throw them out!

If you have a stack of old VHS tapes, leave them right where they are. Experts say the dated recording devices could bring in lots of cash one day.

DVDs and DVD players replaced tapes and VHS players long ago in most homes, so cassettes could start to join the ranks of vinyl records and become collectibles. Nostalgia will inspire people to track down key titles and pay big money for the few that are left, similar to how collectors vie for vinyl records.

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David Jinks, a ParcelHero (a courier service) employee, elaborates on the money-making potential of VHS. "It's time to learn the lesson of vinyl. Many once unloved and discarded original LPs and singles are now worth significant sums, as this month's Record Store Day on April 18 will show."

He also uses old Beatles albums to draw comparison. "Most people who bought the original Beatles' White Album release played them to destruction; they had no idea they might be very valuable in the future. Now the album can be worth up to [thousands of dollars] for the right version, with mint record and sleeve."

So keep those tapes in tip-top shape because they may just be your golden ticket one day.

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